31 Penland Street
ActivePrice ↓ $31K
MLS# CAR4375348 · 92 days on market

31 Penland Street

Canton, NC 28716

$219K$31K
Originally listed at $250K
Beds0
Baths0
Sq Ft
Lot0.38 ac
$/SqFt
DOM92

Architectural Narrative

A rare opportunity to own a piece of western North Carolina history in the heart of Downtown Canton. This over 3,000 square foot commercial property has stood in this community for over a century — a landmark address with timeless appeal and serious commercial potential. Ideally situated between two of Canton's most beloved local businesses, Bearwaters Brewing and Pigeon River Outfitters, this property benefits from established foot traffic in one of Haywood County's most active and evolving downtown corridors. Whether you're an investor, developer, or entrepreneur, the location alone tells the story — this is where Canton comes to gather. The property offers generous square footage paired with ample on-site parking, a combination that is increasingly difficult to find in downtown settings. The flexible layout lends itself to a wide range of commercial uses including retail, restaurant, event space, office, or mixed-use development. Canton's downtown has seen remarkable momentum, and this property sits squarely in the center of that growth. With the natural beauty of the Pigeon River, proximity to the Blue Ridge Parkway, and a community that fiercely supports local business, the demand for quality commercial space in this market continues to rise. Properties with this kind of history, location, and development potential rarely come available. If you've been waiting for the right opportunity in Western North Carolina — this is it.

At a Glance

Bedrooms0
Property TypeBusiness
Year Built1920

Community & Resources

County
Haywood
NC · 28716
Tax Assessed
$128K
County record

Property Facts

Property Type
Business
Year Built
1920
Lot Size
0.38 acres
Zoning
CNC-2
Parcel #
8657-60-9299
Tax Assessed Value
$128K

Heating, Cooling & Utilities

Flooring
Concrete
Water Source
City
Sewer
Public Sewer
Utilities
Natural Gas

Exterior & Parking

Foundation
Basement
Roof
Composition, Rubber

Lot Features

Flood Plain/Bottom LandLevel

View

CityMountain(s)

Gallery

Listing courtesy of NC Mountain Real Estate · April Monday · Listed 04/30/2026

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31 Penland Street
Canton, NC · $219K